This only proves that renewable energy is not a fait accompli as Sustainable Development wonks suppose. The partial rejection of renewable energy favors nuclear power over wind and solar, but has pitted the oil and gas industry against nuclear.
As a Technocracy, China is driven to create infrastructure and develop the global supply chain, both of which are central to its Belt and Road initiative. Europe is playing both sides of the fence with America on one hand, and China on the other.
[su_note note_color="#daf2fd" radius="2"]The Green New Deal exposes the ultra-radical nature of UN policies of Sustainable Development. The UN is sworn to overthrow Capitalism and Free Enterprise, and it using global warming as a battering ram.
Technocrats sucker billionaires into funding their technology pipe dreams, which effectively becomes like a self-reinforcing whirlwind of manic political behavior. Canada is a leading example of this phenomenon.
The author does not have Technocracy in view, but only in name. Technocracy will force the extinction of cash in order to build a replacement monetary system to finance Sustainable Development that will resemble Alice in Wonderland.
Eco-friendly bond investments are more costly to maintain and have no price advantage over traditional bonds, yet they claimed to be are “the natural home for environmental, social and governance investing.” Mainly, they assuage the conscience of corporate issuers to prove they are “green”.
Bloomberg is a consummate Technocrat, dedicated to transforming the world’s economic system into Sustainable Development, aka Technocracy. He was quietly appointed to the UN position to create a capital flow of $100 billion per year, to be invested into Public-Private Partnerships. As always, the smokescreen is climate change.
Chinese Technocrats are using propaganda with every nickel and opportunity to build up a positive public sentiment for China, and to influence public policy. In the U.S., they are using our own institutions against us.
The International Labour Organization claims that “A transition to agricultural sustainability and a circular economy will result in more and often better jobs.” This is pure fantasy, promoted to push people further into Sustainable Development.
TN has long-held that as a Technocracy, China was faking economic data about its fully-engineered society. This is a natural result of insisting that your predicted outcomes must be correct, so data to the contrary is simply ignored. In short, the Technocrat mind cannot be wrong, so always make it look ‘right’.